TANNER
TANNER is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Maximus Operating, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 1,262,729 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $282K, with roughly $55K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 2,174 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 7,092 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about TANNER
- Who operates TANNER?
- TANNER is operated by Maximus Operating, Ltd., Railroad Commission of Texas operator number 534465.
- Where is TANNER?
- TANNER is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 242703.
- Is TANNER still producing?
- TANNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TANNER is August 2026.
- How much has TANNER produced?
- TANNER has reported 1,262,729 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is TANNER worth?
- The remaining production from TANNER is estimated to be worth about $282K in total as of 26 August 2026, within a range of $234K to $330K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TANNER is a fraction of it. The estimate fits an Arps decline curve to the production TANNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TANNER is an estimate of value, not an offer and not an appraisal.
- How much income does TANNER generate in a year?
- TANNER is forecast to net about $55K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TANNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maximus Operating, Ltd. |
|---|---|
| Field | Cherokee Trace (Jurassic) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 242703 |
| Wellbores | 1 |
| Reported production | 1,262,729 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $282K |
Where TANNER sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.